Browsing: Emerging economies

Russia to save Africa from a strong dollar

Official data has shown that the cost of transacting in international currencies is often 2 or 3 per cent higher than dealing in local alternatives. The higher cost often creates significant international trade obstacles. Ultimately, the progressive decision-making of the Russian government could save Africa from the damaging effects of a strong dollar. Consequently, international trade will become accessible to businesses in Africa. This will boost economic growth in the respective partner countries.…

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The East African Crude Oil Pipeline Project (EACOP) is a crucial East African project. www.theexchange.africa

What is good for the goose must also be good for the gander. However, the EU commission has commissioned the Baltic pipe project, somewhat similar to the EACOP. The Baltic Pipe project was inaugurated on September 27, 2022, at an opening ceremony in Goleniów, Poland.…

The Signature Mall in Kenya. The East African region one of the regions that remains open to FDI in the retail sector since the population and purchasing power are growing. www.theexchange.africa

Consumer demand and sales volumes have peaked in the developed world leaving the developing countries lagging behind.…

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